Property profile

5406 Us-29 Blairs, VA 24527

OFF-MARKET
Retail properties & Spaces
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This attractive brick building, located at 5406 US Highway 29 in Blairs, Virginia, just north of Danville, offers 2,164 square feet of adaptable space. Boasting excellent road frontage on Route 29, it features ample parking and a convenient two-lane drive-thru. The interior is bright and spacious, with a large open area, a separate office, a kitchen/break room, and a unique secure storage area (a former bank vault). A large drive-thru window adds to its versatility. Previously a bank, this property is suitable for a variety of uses including retail, office, or restaurant operations. While in good condition, some cosmetic upgrades are possible. Flexible lease terms are available: a five-year lease with landlord-paid generic improvements; a ten-year lease with additional non-generic improvements; or a three-year lease as-is. This property presents a compelling opportunity for businesses seeking a well-located, adaptable space with significant potential. The property is situated in Pittsylvania County and is a single-tenant space.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5406 Us-29 Blairs, VA 24527
Blairs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5406 Us-29?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message